Efforts to keep cost of living stable to continue amid expected rise in wages this year: PM Wong

” The US and China conflicts are growing steadily. For now, they do n’t want to collide. But they are engaged in a strategic rivalry that can undermine peace and stability, especially in this region” .&nbsp,

Democracy, economic nationalism and isolationism are growing across the world to, he said.

He claimed that “politics in many countries has taken a violent turn, making it even more difficult for everyone to deal with immediate existential crises, particularly climate change.”

In the face of such strong makes shaping the country’s working environment, Singapore has to “act with agility, vision and gumption”, said Mr Wong.

CONFIDENCE IN THE FUTURE

Individual and community endeavors however matter, in the opinion of Mr. Wong, despite the government’s increased efforts.

” We encourage each person to work difficult, make full use of the help available, and try their utmost to excel in their tasks and boost their people”, he said.

” Those who do well for themselves should give something back to people.” That’s how we keep our community coherent, adaptable and powerful”.

The challenges ahead in this new world are “formidable”, and there are no quick and easy answers, or design responses to relate to.

” But the bigger the issues, the greater is our commitment to tackle them head-on, and to turn threats into abilities” .&nbsp,

In 59 decades, Singapore has gone from a third-world country with paltry indicates to earn a living or to support itself, to becoming one of the nation’s busiest water and airports, and among the most habitable cities with the most educated populations, Mr Wong said.

” We may be a fresh country. But we have overcome many up. Therefore, we have compelling reasons to believe in our potential. Despite the challenges, we will take Singapore onwards and upwards” .&nbsp,